In Turkey, the financial sector is traditionally dominated by banking activities, and the banking sector experienced … several systemic crises since late 1970s. This paper reviews and summarizes the major banking sector problems in the country …

, banking crises and debt crises, and extract four groups of indicators from the literature—external, financial, domestic (real …

, banking crises and debt crises, and extract four groups of indicators from the literature—external, financial, domestic (real …

credit crunch interferes with the accommodation necessary for stability. …

-spread default affects the banking system. We find that the interaction of credit, asset prices, and loan losses explains a complete … whether a capital crunch, financial instability, or a banking crisis occurs. But self-fulfilling capital crunches and banking …We link banking and asset prices in a simple monetary macroeconomic model. Our main innovation is to consider how wide …

-linear, and involves feedback from the banking system in the form of credit contraction. When borrowers repay, the effect ‘passes … through’ the bank balance sheet; once borrowers default, asset prices drive bank capital, and constrained credit in turn … drives asset prices. This interaction can explain capital crunches, financial instability, and banking crises, either as …

liberalization in developed nations. The difficulties borne by the banking sectors spread out in some Asian and Latin American …, then we study some institutional and conceptual solutions. We try to identify the micro-economic banking dimension as a … driving force for the growth. The role of banking system is described in a development process usually facing the apology of …

liberalization in developed nations. The difficulties borne by the banking sectors spread out in some Asian and Latin American …, then we study some institutional and conceptual solutions. We try to identify the micro-economic banking dimension as a … driving force for the growth. The role of banking system is described in a development process usually facing the apology of …

bank that includes DES or alternatively subordinated debt in its capital structure. We compare and evaluate quantitatively … well as on the ratio of bankruptcy costs. The model illustrates the pros and cons of each of the two capital instruments as … intervention is relatively high in terms of capital adequacy and the rate of bankruptcy costs is relatively low. The DES contract …